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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Top Pick
View:
Post by usbfixed on Apr 02, 2024 12:37pm

Top Pick

Looks like its Baytex
Comment by Casey112 on Apr 02, 2024 1:54pm
He never finished saying what the price target was at $80 oil.
Comment by Grommet1 on Apr 02, 2024 1:58pm
$9.50
Comment by usbfixed on Apr 02, 2024 3:01pm
I believe the analysis rate or buy chart was 6.25 @ 80
Comment by Grommet1 on Apr 02, 2024 3:23pm
Nutall verbatim: Given how badly the stock price has lagged YTD, we think it could rally in the near term. We think fair value is a 12 per cent 2015 free cashflow yield = $9.50 at $80 WTI = 89 per cent potential upside. So is it $9.50 or $6.25? 
Comment by Casey112 on Apr 02, 2024 4:26pm
$9.50 is Eric $6.50 is average of the analysts  he never stated his number , I'm hoping $9.50 is nearterm and into the teens in a year out price target.
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